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In balance of payments accounting, this refers to those transactions that are included in calculating the balance of payments surplus or deficit.
Used to refer to individual consumers, households, and firms. This is a basic feature of the New Economic Geography. As an adjective or noun (with stress only on the first syllable), this refers to the sum or total of multiple items. As a verb (with second stress on the last syllable), it means to combine such items or add them up.
The measurement of subsidy to agriculture used by the WTO as the basis for commitments to reduce the subsidization of agricultural products.
Many of the costs associated with trade liberalization are adjustment costs and are not accounted for in the usual measures of gains from trade.
Protection (tariff or NTB) resulting from the application of several statutes that respond to specified market circumstances or events, usually as determined by an administrative agency. A terms of trade that is considered unfavorable relative to some benchmark or to past experience.
Such programs usually have two (conflicting) goals: to lessen hardship for those affected, and to help them change their behavior -- what, how, or where they produce.
The cost -- temporary but sometimes severe -- incurred by a person or firm in moving from one equilibrium to another.The ability to produce a good at lower cost, in terms of real resources, than another country.In a Ricardian model, cost is in terms of labor only.Several such statutes are permitted under the GATT, including anti-dumping duties, countervailing duties, and safeguard protection. Usually refers to a cost advantage, though it could refer to a strategic advantage (such as first mover advantage) or to a superiority of technology or quality. Developing countries specialized in primary products are sometimes said to suffer from adverse or declining terms of trade.The highest-level of several committees that advise USTR on trade policy and trade negotiations.The BOP is in deficit if autonomous receipts are less than autonomous payments.Tags: Adult Dating, affair dating, sex dating